Every month, I will profile a supplier which is either outperforming peers in a respective market segment, or carving out a niche in a new high growth market. NetScout Systems, Inc. (NASDAQ:NTCT) is a supplier of passive network probe technology to CSPs and enterprise companies. NetScout has been growing much faster than its peers and posted double-digit growth this past year. In 2014, CSPs accounted for 45% of its sales in the first six months. Revenue for the first six months was $211.5 Million. My estimate for growth in the overall passive network probe market was 7% in 2014. Netscout’s ability to outgrow its peers is a result of strong demand from communication service providers (CSPs) for its nGenius products to support mobile broadband technology. I have been following NetScout for 15 years and have seen a dramatic transformation of the company that supplied DS3 and ATM OC3 probes to mostly Fortune 500 companies at the start of 2000. Since then, NetScout has acquired small technology focused suppliers such as Psytechnics and Accanto, and larger well established firms, most notably, Network General. The pending acquisition of the Danaher assets which includes Tektronix Communications, Fluke Networks, and Arbor Networks changes the […]